Air Busan Co Ltd (298690) - Total Liabilities
Based on the latest financial reports, Air Busan Co Ltd (298690) has total liabilities worth ₩1.29 Trillion KRW (≈ $875.04 Million USD) as of December 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Air Busan Co Ltd - Total Liabilities Trend (2015–2025)
This chart illustrates how Air Busan Co Ltd's total liabilities have evolved over time, based on quarterly financial data. See 298690 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Air Busan Co Ltd Competitors by Total Liabilities
The table below lists competitors of Air Busan Co Ltd ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Hanmiglobal
KO:053690
|
Korea | ₩209.78 Billion |
|
Mirae Corporation
KO:025560
|
Korea | ₩29.75 Billion |
|
Shinsegae I&C
KO:035510
|
Korea | ₩152.06 Billion |
|
Lake Shore Bancorp Inc
NASDAQ:LSBK
|
USA | $579.63 Million |
|
Paxman AB
ST:PAX
|
Sweden | Skr59.89 Million |
|
Alpha Cognition Inc
NASDAQ:ACOG
|
USA | $12.39 Million |
|
Platform Turizm Tasimacilik AS
IS:PLTUR
|
Turkey | TL6.67 Billion |
|
K2 Gold Corporation
V:KTO
|
Canada | CA$831.95K |
Liability Composition Analysis (2015–2025)
This chart breaks down Air Busan Co Ltd's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see 298690 market cap.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.51 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 8.01 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.89 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Air Busan Co Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Air Busan Co Ltd (2015–2025)
The table below shows the annual total liabilities of Air Busan Co Ltd from 2015 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | ₩1.29 Trillion ≈ $875.04 Million |
+1.00% |
| 2024-12-31 | ₩1.28 Trillion ≈ $866.41 Million |
+9.15% |
| 2023-12-31 | ₩1.17 Trillion ≈ $793.75 Million |
+6.36% |
| 2022-12-31 | ₩1.10 Trillion ≈ $746.28 Million |
+25.25% |
| 2021-12-31 | ₩879.21 Billion ≈ $595.83 Million |
-4.87% |
| 2020-12-31 | ₩924.22 Billion ≈ $626.33 Million |
+5.30% |
| 2019-12-31 | ₩877.67 Billion ≈ $594.78 Million |
+483.54% |
| 2018-12-31 | ₩150.40 Billion ≈ $101.93 Million |
+2.78% |
| 2017-12-31 | ₩146.33 Billion ≈ $99.17 Million |
+41.62% |
| 2016-12-31 | ₩103.33 Billion ≈ $70.02 Million |
+30.60% |
| 2015-12-31 | ₩79.12 Billion ≈ $53.62 Million |
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About Air Busan Co Ltd
Air Busan Co., Ltd. provides passenger airline services. It provides domestic and international transportation services. The company also offers cargo transportation services; product brokerage; and sales of medical devices, and health functional food items. Air Busan Co., Ltd. was founded in 2007 and is headquartered in Busan, South Korea.